Arbuthnot Banking Group (LON:ARBB) Sets New 52-Week Low – Here’s What Happened

Arbuthnot Banking Group PLC (LON:ARBBGet Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 810 ($10.47) and last traded at GBX 866 ($11.20), with a volume of 15962 shares changing hands. The stock had previously closed at GBX 898.20 ($11.61).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “house stock” rating on shares of Arbuthnot Banking Group in a report on Thursday, February 20th.

Check Out Our Latest Analysis on Arbuthnot Banking Group

Arbuthnot Banking Group Trading Down 3.6 %

The stock has a market cap of £140.17 million, a price-to-earnings ratio of 4.58, a PEG ratio of 0.38 and a beta of 1.00. The firm has a fifty day simple moving average of GBX 903.61 and a 200 day simple moving average of GBX 908.23.

Arbuthnot Banking Group (LON:ARBBGet Free Report) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 152.30 ($1.97) earnings per share for the quarter. Arbuthnot Banking Group had a net margin of 12.76% and a return on equity of 12.11%. On average, equities analysts expect that Arbuthnot Banking Group PLC will post 169.2518248 earnings per share for the current year.

Arbuthnot Banking Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be paid a GBX 69.75 ($0.90) dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a yield of 3.17%. This is a boost from Arbuthnot Banking Group’s previous dividend of $40.00. Arbuthnot Banking Group’s payout ratio is presently 24.87%.

About Arbuthnot Banking Group

(Get Free Report)

Arbuthnot Banking Group PLC, together with its subsidiaries, provides private and commercial banking products and services in the United Kingdom. It operates through nine segments: Banking, Wealth Management, Mortgage Portfolios, Renaissance Asset Finance, Arbuthnot Commercial Asset Based Lending, Arbuthnot Specialist Finance Limited, Asset Alliance Group, All Other Divisions, and Group Centre segments.

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